Archive | December, 2008

“EIB must withhold funding Bujagali dam until major problems are addressed”

Following a highly critical assessment from a World Bank body on the impacts of the USD 799 million Bujagali dam in Uganda, the campaign coalition Counter Balance has called on the European Investment Bank (EIB), a joint funder of the controversial project with the World Bank, to withhold any further disbursement of its USD 130 […]

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EU Bank ‘Financing Destruction’ in Africa

By David Cronin for IPS – The European Union is financing ecologically and socially destructive projects in Africa, a Brussels conference has been told. Officially, the Luxembourg-based European Investment Bank (EIB) is committed to using the 53 billion euros (67 billion dollars) it releases each year, to pursue policies that protect the environment and alleviate […]

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Memo for European Parliamentarians in the run-up to the discussion of EIB Annual Report 2007

Counter Balance input to the European Parliament in the run-up to the discussion of EIB Annual Report 2007. Read it here

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